10-Q Filing

ESAB Corp CIK: 1877322 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001877322-22-000020`
Period End Date	20220930
Filing Date	20221103
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	esab-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 88 Cash Flow Statement 69 Stockholders Equity 64 Comprehensive Income 50

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.91M	USD	Point-in-time
Trade receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.56M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$60.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.21M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	60.08M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Trade receivables, less allowance for credit losses of $23,564 and $23,912	`AccountsReceivableNetCurrent`	$383.50M	USD	Point-in-time
Trade receivables, less allowance for credit losses of $23,564 and $23,912	`AccountsReceivableNetCurrent`	$359.96M	USD	Point-in-time
Inventories, net	`InventoryNet`	$420.06M	USD	Point-in-time
Inventories, net	`InventoryNet`	$446.53M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$51.95M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$53.17M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$67.36M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$67.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$988.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$964.07M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$265.19M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$286.28M	USD	Point-in-time
Goodwill	`Goodwill`	$1.40B	USD	Point-in-time
Goodwill	`Goodwill`	$1.53B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$452.33M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$521.43M	USD	Point-in-time
Lease assets - right of use	`OperatingLeaseRightOfUseAsset`	$107.94M	USD	Point-in-time
Lease assets - right of use	`OperatingLeaseRightOfUseAsset`	$89.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$48.54M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$345.18M	USD	Point-in-time
Total assets	`Assets`	$3.46B	USD	Point-in-time
Total assets	`Assets`	$3.54B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$320.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$345.48M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$290.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$251.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$596.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$610.58M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.13B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$362.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$549.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$959.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.29B	USD	Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000, 60,076,559 and 100 shares outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000, 60,076,559 and 100 shares outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$60.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.86B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$101.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Former Parents investment	`MembersCapital`	-	USD	Point-in-time
Former Parents investment	`MembersCapital`	$2.92B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-750.34M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-460.89M	USD	Point-in-time
Total ESAB Corporation equity	`StockholdersEquity`	$2.46B	USD	Point-in-time
Total ESAB Corporation equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$38.34M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$40.99M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.51B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.46B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$605.97M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.93B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$620.26M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.80B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.27B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$410.93M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$398.97M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.18B	USD	3 Qtrs
Gross profit	`GrossProfit`	$207.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$661.14M	USD	3 Qtrs
Gross profit	`GrossProfit`	$209.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$625.18M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$394.03M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$381.23M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$121.67M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$124.10M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$4.23M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$6.68M	USD	1 Quarter
Restructuring and other related charges	`RestructuringCharges`	$16.63M	USD	3 Qtrs
Restructuring and other related charges	`RestructuringCharges`	$10.79M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$78.66M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$80.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$233.16M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$250.49M	USD	3 Qtrs
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$3.30M	USD	3 Qtrs
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$3.30M	USD	1 Quarter
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	-	USD	1 Quarter
Pension settlement gain	`DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1`	$11.21M	USD	3 Qtrs
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$19.52M	USD	3 Qtrs
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$-748.00K	USD	3 Qtrs
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$12.16M	USD	1 Quarter
Interest expense (income) and other, net	`InterestExpenseIncomeAndOtherNet`	$-209.00K	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$234.27M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$72.13M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$245.12M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$78.87M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$17.84M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$63.63M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$47.04M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$17.44M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$170.64M	USD	3 Qtrs
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$61.43M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$54.29M	USD	1 Quarter
Net income from continuing operations	`IncomeLossFromContinuingOperations`	$198.08M	USD	3 Qtrs
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-977.00K	USD	1 Quarter
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-4.90M	USD	3 Qtrs
Loss from discontinued operations, net of taxes	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$165.74M	USD	3 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$61.43M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Net income	`ProfitLoss`	$53.32M	USD	1 Quarter
Net income	`ProfitLoss`	$198.08M	USD	3 Qtrs
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.40M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$818.00K	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$962.00K	USD	1 Quarter
Less: Income attributable to noncontrolling interest, net of taxes	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.70M	USD	3 Qtrs
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$52.35M	USD	1 Quarter
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$60.61M	USD	1 Quarter
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$163.04M	USD	3 Qtrs
Net income attributable to ESAB Corporation	`NetIncomeLoss`	$195.68M	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.88	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.01	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.26	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$2.78	USD	3 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.08	USD	3 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$-0.02	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$2.70	USD	3 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.86	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$3.26	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.26	USD	3 Qtrs
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.01	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.88	USD	1 Quarter
Income from continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$2.77	USD	3 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.08	USD	3 Qtrs
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$-0.02	USD	1 Quarter
Loss on discontinued operations (in dollars per share)	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.26	USD	3 Qtrs
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.69	USD	3 Qtrs
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Net income per share - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.01	USD	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$165.74M	USD	3 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$61.43M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Net income	`ProfitLoss`	$53.32M	USD	1 Quarter
Net income	`ProfitLoss`	$198.08M	USD	3 Qtrs
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.70M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.30M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.53M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.95M	USD	3 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	$1.67M	USD	3 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	-	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-2.71M	USD	3 Qtrs
Deferred income tax	`DeferredIncomeTaxesAndTaxCredits`	$-4.72M	USD	3 Qtrs
Pension settlement gain	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-3.30M	USD	3 Qtrs
Pension settlement gain	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-11.21M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$54.83M	USD	3 Qtrs
Trade receivables, net	`IncreaseDecreaseInAccountsReceivable`	$7.36M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$54.76M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$105.41M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.92M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$93.38M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$21.67M	USD	3 Qtrs
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.51M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$192.08M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$122.92M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.85M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.00M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfBuildings`	$4.32M	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfBuildings`	$1.08M	USD	3 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.88M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.66M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.67M	USD	3 Qtrs
Proceeds from borrowings on term credit facility	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	3 Qtrs
Proceeds from borrowings on term credit facility	`ProceedsFromIssuanceOfOtherLongTermDebt`	$1.00B	USD	3 Qtrs
Proceeds from borrowings on revolving credit facility and other	`ProceedsFromLinesOfCredit`	$244.00K	USD	3 Qtrs
Proceeds from borrowings on revolving credit facility and other	`ProceedsFromLinesOfCredit`	$495.88M	USD	3 Qtrs
Repayments of borrowings on revolving credit facility	`RepaymentsOfShortTermDebt`	-	USD	3 Qtrs
Repayments of borrowings on revolving credit facility	`RepaymentsOfShortTermDebt`	$360.00M	USD	3 Qtrs
Payment of deferred financing fees and other	`PaymentsOfDebtIssuanceCosts`	$4.90M	USD	3 Qtrs
Payment of deferred financing fees and other	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Payment of deferred consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.50M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividends`	$3.02M	USD	3 Qtrs
Payment of dividends	`PaymentsOfDividends`	$3.00M	USD	Point-in-time
Payment of dividends	`PaymentsOfDividends`	-	USD	3 Qtrs
Distributions to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$2.55M	USD	3 Qtrs
Distributions to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$1.96M	USD	3 Qtrs
Consideration to Former Parent in connection with the Separation	`PaymentsToFormerParentConsiderationTransferred`	-	USD	3 Qtrs
Consideration to Former Parent in connection with the Separation	`PaymentsToFormerParentConsiderationTransferred`	$1.20B	USD	3 Qtrs
Transfers from (to) Former Parent, net	`TransfersToFromParentNet`	$173.41M	USD	3 Qtrs
Transfers from (to) Former Parent, net	`TransfersToFromParentNet`	$-2.85M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-72.66M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-175.72M	USD	3 Qtrs
Effect of foreign exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.42M	USD	3 Qtrs
Effect of foreign exchange rates on Cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-13.15M	USD	3 Qtrs
Increase (decrease) in Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.43M	USD	3 Qtrs
Increase (decrease) in Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.71M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.49M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.21M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.63M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.49M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.63M	USD	Point-in-time

Stockholders Equity 64 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income (loss), tax (expense) benefit	`OtherComprehensiveIncomeLossTax`	$4.76M	USD	1 Quarter
Other comprehensive income (loss), tax (expense) benefit	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive income (loss), tax (expense) benefit	`OtherComprehensiveIncomeLossTax`	-	USD	1 Quarter
Other comprehensive income (loss), tax (expense) benefit	`OtherComprehensiveIncomeLossTax`	$594.00K	USD	1 Quarter
Other comprehensive income (loss), tax (expense) benefit	`OtherComprehensiveIncomeLossTax`	$1.49M	USD	1 Quarter
Other comprehensive income (loss), tax (expense) benefit	`OtherComprehensiveIncomeLossTax`	$579.00K	USD	1 Quarter
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	Point-in-time
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends on common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	60.08M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.51B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Net income	`ProfitLoss`	$165.74M	USD	3 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$61.43M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Net income	`ProfitLoss`	$53.32M	USD	1 Quarter
Net income	`ProfitLoss`	$198.08M	USD	3 Qtrs
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.50M	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.02M	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$941.00K	USD	1 Quarter
Distributions to noncontrolling owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.05M	USD	1 Quarter
Dividends declared ($0.05 per share)	`DividendsCommonStock`	$3.03M	USD	1 Quarter
Dividends declared ($0.05 per share)	`DividendsCommonStock`	$3.02M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-44.40M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-101.12M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$3.65M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-61.80M	USD	3 Qtrs
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-88.07M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-29.82M	USD	1 Quarter
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-233.59M	USD	3 Qtrs
Other comprehensive income (loss), net of tax (expense) benefit	`OtherComprehensiveIncomeLossNetOfTax`	$-35.63M	USD	1 Quarter
Net transfers from Former Parent, including Separation Adjustments	`NetTransfersFromFormerParentIncludingSeparationAdjustments`	$-8.53M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$56.04M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$55.07M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$62.30M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$-2.85M	USD	1 Quarter
Net consideration paid to Former Parent in connection with the Separation	`MembersEquityTransfersToFromParentNet`	$1.20B	USD	1 Quarter
Issuance of common stock in connection with the Separation and reclassification of Net Investment from Former Parent	`IssuanceOfCommonStockValueSeparationAndReclassificationOfNetInvestmentFromFormerParent`	-	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.73M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.66M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.70M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$3.63M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.59M	USD	1 Quarter
Common stock-based award activity	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.92M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	60.08M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.51B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.52B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.25B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time

Comprehensive Income 50 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$165.74M	USD	3 Qtrs
Net income	`ProfitLoss`	$78.11M	USD	1 Quarter
Net income	`ProfitLoss`	$61.43M	USD	1 Quarter
Net income	`ProfitLoss`	$58.53M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.63M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$1.49M	USD	3 Qtrs
Net income	`ProfitLoss`	$56.02M	USD	1 Quarter
Net income	`ProfitLoss`	$53.32M	USD	1 Quarter
Foreign currency translation, tax expense	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$2.33M	USD	3 Qtrs
Net income	`ProfitLoss`	$198.08M	USD	3 Qtrs
Net income	`ProfitLoss`	$56.40M	USD	1 Quarter
Unrealized gain on hedging activities, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.90M	USD	3 Qtrs
Unrealized gain on hedging activities, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.90M	USD	1 Quarter
Foreign currency translation, net of tax expense of $1,630, $0, $2,328 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-245.87M	USD	3 Qtrs
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$710.00K	USD	3 Qtrs
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	1 Quarter
Foreign currency translation, net of tax expense of $1,630, $0, $2,328 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-35.90M	USD	1 Quarter
Foreign currency translation, net of tax expense of $1,630, $0, $2,328 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-98.79M	USD	1 Quarter
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	$235.00K	USD	1 Quarter
Foreign currency translation, net of tax expense of $1,630, $0, $2,328 and $1,491	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-62.49M	USD	3 Qtrs
Amortization of pension and other post-retirement net actuarial gain, tax expense	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax`	-	USD	3 Qtrs
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax expense of $2,895 and $2,895	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	3 Qtrs
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax expense of $2,895 and $2,895	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$9.96M	USD	3 Qtrs
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax expense of $2,895 and $2,895	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax expense of $2,895 and $2,895	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$9.96M	USD	1 Quarter
Defined benefit pension and other post-retirement plan activity, net of tax expense of $235, $0, $710 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-270.00K	USD	1 Quarter
Defined benefit pension and other post-retirement plan activity, net of tax expense of $235, $0, $710 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-698.00K	USD	3 Qtrs
Defined benefit pension and other post-retirement plan activity, net of tax expense of $235, $0, $710 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-2.32M	USD	3 Qtrs
Defined benefit pension and other post-retirement plan activity, net of tax expense of $235, $0, $710 and $0	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax`	$-766.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-44.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-101.12M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$3.65M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-61.80M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-88.07M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-29.82M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-233.59M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-35.63M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$25.80M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-67.84M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$136.28M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-34.75M	USD	1 Quarter
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.71M	USD	3 Qtrs
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-181.00K	USD	1 Quarter
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.05M	USD	1 Quarter
Less: comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-693.00K	USD	3 Qtrs
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$-34.57M	USD	1 Quarter
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$-67.15M	USD	3 Qtrs
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$24.75M	USD	1 Quarter
Comprehensive (loss) income attributable to ESAB Corporation	`ComprehensiveIncomeNetOfTax`	$134.58M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.